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MGMT vs. AVUV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MGMT and AVUV is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

MGMT vs. AVUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ballast Small/Mid Cap ETF (MGMT) and Avantis U.S. Small Cap Value ETF (AVUV). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
17.30%
9.31%
MGMT
AVUV

Key characteristics

Sharpe Ratio

MGMT:

0.69

AVUV:

0.40

Sortino Ratio

MGMT:

1.11

AVUV:

0.73

Omega Ratio

MGMT:

1.14

AVUV:

1.09

Calmar Ratio

MGMT:

1.17

AVUV:

0.76

Martin Ratio

MGMT:

3.00

AVUV:

1.93

Ulcer Index

MGMT:

4.31%

AVUV:

4.33%

Daily Std Dev

MGMT:

18.67%

AVUV:

20.80%

Max Drawdown

MGMT:

-24.95%

AVUV:

-49.42%

Current Drawdown

MGMT:

-6.47%

AVUV:

-9.71%

Returns By Period

In the year-to-date period, MGMT achieves a 11.72% return, which is significantly higher than AVUV's 8.31% return.


MGMT

YTD

11.72%

1M

-1.73%

6M

17.44%

1Y

13.77%

5Y*

N/A

10Y*

N/A

AVUV

YTD

8.31%

1M

-4.81%

6M

9.15%

1Y

10.06%

5Y*

13.91%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MGMT vs. AVUV - Expense Ratio Comparison

MGMT has a 1.10% expense ratio, which is higher than AVUV's 0.25% expense ratio.


MGMT
Ballast Small/Mid Cap ETF
Expense ratio chart for MGMT: current value at 1.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.10%
Expense ratio chart for AVUV: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

MGMT vs. AVUV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ballast Small/Mid Cap ETF (MGMT) and Avantis U.S. Small Cap Value ETF (AVUV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for MGMT, currently valued at 0.69, compared to the broader market0.002.004.000.690.40
The chart of Sortino ratio for MGMT, currently valued at 1.11, compared to the broader market-2.000.002.004.006.008.0010.001.110.73
The chart of Omega ratio for MGMT, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.001.141.09
The chart of Calmar ratio for MGMT, currently valued at 1.17, compared to the broader market0.005.0010.0015.001.170.76
The chart of Martin ratio for MGMT, currently valued at 3.00, compared to the broader market0.0020.0040.0060.0080.00100.003.001.93
MGMT
AVUV

The current MGMT Sharpe Ratio is 0.69, which is higher than the AVUV Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of MGMT and AVUV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.69
0.40
MGMT
AVUV

Dividends

MGMT vs. AVUV - Dividend Comparison

MGMT's dividend yield for the trailing twelve months is around 1.04%, less than AVUV's 1.63% yield.


TTM20232022202120202019
MGMT
Ballast Small/Mid Cap ETF
1.04%1.16%0.90%0.26%0.00%0.00%
AVUV
Avantis U.S. Small Cap Value ETF
1.63%1.65%1.74%1.28%1.21%0.38%

Drawdowns

MGMT vs. AVUV - Drawdown Comparison

The maximum MGMT drawdown since its inception was -24.95%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for MGMT and AVUV. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.47%
-9.71%
MGMT
AVUV

Volatility

MGMT vs. AVUV - Volatility Comparison

Ballast Small/Mid Cap ETF (MGMT) and Avantis U.S. Small Cap Value ETF (AVUV) have volatilities of 5.52% and 5.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.52%
5.80%
MGMT
AVUV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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